Ericsson and Redback collaboration lands new sales worldwide
Ericsson (NASDAQ:ERIC) and its wholly-owned subsidiary Redback Networks today announced they had won a series of new international deals in the past 90 days, spanning Brazil, China, Hungary, Lebanon, Romania, Spain, Turkey and a mobile operator in the UK.
The contracts highlight Ericsson's strong global sales reach and its commitment to giving customers easy access to broadband over wireline and wireless infrastructures.
Björn Olsson, executive vice president and deputy head of Networks, Ericsson, says: "These joint wins represent a great start. They underscore the value of the Redback acquisition, and will help carriers accelerate their network upgrades for broadband video and mobile broadband.
"Ericsson and Redback are at the center of one of the fastest-growing router markets, and have the opportunity to upgrade up to 2 billion wireline and wireless users to full service broadband by 2012."
Among the new deals are: contracts to deliver triple-play services for Jiangsu Telecom, a unit of China Telecom; and providing broadband services for enterprise and end users for Lebanese carrier Sodetel.
Fifteen of the top 20 telephone companies worldwide use Redback's SmartEdge routers to deliver a combination of IP-based data, voice and video services to more than 50 million broadband subscribers.
Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.
Read more at www.ericsson.com
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